3411 Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Johnson City,TN 37604
$ 674999
- Bed
0 Bath
1375 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 1,375 sqft
Subdivision Not In Subdivision
MLS Listing ID 9979343
HOA Y/N No
Total Fin. Sqft 1375
Year Built 1965
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 99.89 X 176 IRR (.38 AC)
Source Tennessee/Virginia Regional MLS
Property Description
Investment opportunity in the heart of Johnson City! A beautifully maintained 6-unit apartment building offering solid cash flow with value-add potential. Currently bringing in $60,240 annually in rental income with below-market rents, this property offers an excellent upside for investors looking to maximize returns. The upstairs has 2-(2bed/1bath) units The main level has 2-(2bed/1bath) units. and back side of the building on the lowest level there are 2-(1bed/1bath) units. All units have tile flooring, fresh paint, and newer appliances. With its central location, proximity to downtown, ETSU, and major employers, this property is ideally positioned for long-term appreciation and increased rent potential!
*Information deemed reliable but not guaranteed, buyer/buyers agent to verify all information.
Location
State TN
County Washington
Community Not In Subdivision
Area 0.38
Zoning Commercial
Direction From Johnson City go northeast on Cherry St toward buffalo st, then turn left at the f1st cross street onto buffalos st. the turn at the 1st cross street onto w state of franklin rd, then turn left onto west walnut st, the property will be on your left. NO sign.
Interior
Heating Baseboard
Cooling Window Unit(s)
Equipment Range,Refrigerator
Heat Source Baseboard
Exterior
Roof Type Composition,Shingle
Road Frontage City Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 053o B 006.00
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA